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CONSOLIDATED BALANCE SHEETS
Dec. 31, 2024
CNY (¥)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 4,263,311,636 $ 584,071,299 ¥ 7,207,343,478
Restricted cash and cash equivalents 781,186,508 107,022,113 59,435,024
Short-term investments 1,118,547,455 153,240,373 642,893,540
Time and structured deposits 2,009,018,598 275,234,419 1,554,120,849
Accounts receivables (net of allowance of RMB 205,489 and RMB 274,956 (US$ 37,669) as of December 31, 2023 and 2024, respectively) 34,275,509 4,695,725 25,876,818
Other current assets (net of allowance of RMB 116,860,992 and RMB 72,671,045 (US$ 9,955,892) as of December 31, 2023 and 2024, respectively) 1,933,182,792 264,844,957 670,276,511
Total current assets 10,139,522,498 1,389,108,886 10,159,946,220
Non-current assets:      
Right-of-use assets 158,006,692 21,646,828 164,584,899
Investment in equity method investee 146,100,984 20,000,000 136,804,441
Long-term investments (including amounts measured at fair value of RMB 14,445,946 and RMB 15,163,357 (US$ 2,077,371) as of December 31, 2023 and 2024, respectively) 78,987,113 10,821,190 210,591,186
Property and equipment, net 1,586,033,627 217,285,716 1,308,337,725
Intangible assets 2,207,259 302,393 3,093,050
Other non-current assets (net of allowance of RMB 1,548,480 and RMB 440,085 (US$ 60,291) as of December 31, 2023 and 2024, respectively) 353,369,112 48,411,370 498,838,377
Total non-current assets 2,324,704,787 318,483,250 2,322,249,678
TOTAL ASSETS 12,464,227,285 1,707,592,136 12,482,195,898
Current liabilities:      
Short-term borrowings 720,000,000 98,639,596  
Short-term lease liabilities (including short-term lease liabilities of the consolidated VIEs without recourse to the Company of RMB 271,587 and RMB 67,180 (US$ 9,204) as of December 31, 2023 and 2024, respectively) 18,696,986 2,561,477 29,937,993
Accrued expenses and other current liabilities (including accrued expenses and other current liabilities of the consolidated VIEs without recourse to the Company of RMB 48,612,158 and RMB 8,233,771 (US$ 1,128,022) as of December 31, 2023 and 2024, respectively) 262,077,864 35,904,520 299,835,945
Income tax payable (including income tax payable of the consolidated VIEs without recourse to the Company of RMB 1,644,689 and RMB nil (US$ nil) as of December 31, 2023 and 2024, respectively) 33,422,727 4,578,893 111,841,639
Derivative instruments-liability (including derivative instruments-liability of the consolidated VIEs without recourse to the Company of RMB 79,697,733 and RMB nil (US$ nil) as of December 31, 2023 and 2024, respectively) 89,894,630 12,315,514 312,870,238
Total current liabilities 1,124,092,207 154,000,000 754,485,815
Non-current liabilities:      
Long-term lease liabilities (including long-term lease liabilities of the consolidated VIEs without recourse to the Company of RMB 39,083 and RMB nil (US$ nil) as of December 31, 2023 and 2024, respectively) 48,706,048 6,672,701 39,759,111
Total non-current liabilities 48,706,048 6,672,701 39,759,111
Total liabilities 1,172,798,255 160,672,701 794,244,926
Commitments and contingencies
Equity:      
Treasury shares (1,419,285,878) (194,441,368) (899,627,520)
Additional paid-in capital 4,026,668,369 551,651,305 4,033,145,746
Accumulated other comprehensive (loss)/profit 13,751,495 1,883,947 (24,130,903)
Retained earnings 8,670,119,156 1,187,801,454 8,578,387,761
Total Qudian Inc. shareholders' equity 11,291,429,030 1,546,919,435 11,687,950,972
Total equity 11,291,429,030 1,546,919,435 11,687,950,972
TOTAL LIABILITIES AND EQUITY 12,464,227,285 1,707,592,136 12,482,195,898
Class A Ordinary shares      
Equity:      
Ordinary shares 132,052 18,091 132,052
Class B Ordinary shares      
Equity:      
Ordinary shares ¥ 43,836 $ 6,006 ¥ 43,836